AUZ 0.00% 0.8¢ australian mines limited

Imminent capital raising, page-75

  1. 62 Posts.
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    You're kidding right? In my opinion, false starts and missed milestones, the BB issue and the boards decision to just move him into another position - then he leaves/sacked (?), the subsequent AISC settlement, the disastrous entitlement offer, and the absolute destruction of shareholder value. I think the board has an obligation to engage shareholders much more thoroughly and transparently than it does, and in a more timely manner. Just prior to the share consolidation the share price was around $0.073 and immediately after around $0.73 as you’d expect. Today it is back less than the $0.07 mark. Frankly that’s appalling. A total board refresh is what is required - some accountability please!

 
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